In terms of share dilution TG price should be lower than Supermax but considering quality of management and other factors TG, Harta and Kossan price are reasonably higher than Supermax. Nonetheless, all gloves are heading towards lower price territories.
New Covid variant spreading like wildfire across UK and Scandinavia: BA.2 ‘stealth’ mutation now half of all new coronavirus cases in Denmark and rapidly pushing Omicron aside
Various media across Scandinavia and the UK are reporting the emergence of a new Covid variant that is so infectious and spreading so fast that nearly half of all cases in Denmark are now the new mutation, named BA.2, with more than 400 confirmed infections across the UK.
The new mutation has reportedly also popped up in Norway, Sweden, Singapore and India.
Reuters reports that UK health authorities are investigating 426 confirmed cases of BA.2 in Britain, while officials in Denmark said that just over 45 per cent of all new infections in the country are now the new variant.
WHO representatives have rushed to Copenhagen to investigate BA.2, nicknamed ‘stealth Omicron’ in Danish media as the mutation seems to be pushing the Omicron variant aside fairly quickly.
Scientists and doctors already have two years of experience in handling covid-19, variants and more variants are not enough to trigger any panic stock up of gloves by now.
Rm 2 I all in.....Rm3 I all in .....RM 4 I all in....RM 5 I all in ...RM 6 I all in ...........RM 1 I very very very very scare ....I scare drop to Rm 0.5
Aiya, it is all about Holding power here. Nobody can predict the future. All BS shorties shout now because it goes down. But when it goes up... all disappeared as usual. Always take an opportunity to say "Last week is an opportunity to throw".... But when it is up.. will they say "Last week is an opportunity to buy"?? Such BS. I just buy when IBs said sell. Sell when IBs said Buy. That's what they will do...
sor hai hahahaha. mana ada uptrend for the past one year? dead cat rebound only. not disappeared, we dont want to argue with stupxd people only. let the share price talk
Ya... never listen to others BS. All are opportunist BS gurus here. AT RM1.15, P/E 0.9, Cash RM1.3 and No Debts...how much lower down is Fair price. MM says .65. Some say RM.5 Well... in 2 to 3 years, you think it will be at RM.65, .5,1.15?... Let's see loh...
Inv618... Don't look at P/E... If the Price of the Share Vs Earnings doesn't mean a thing...then buy Genetech loh... 100 P/E cheap mah. If nobody look at P/E for valuation, why even have that Indicator?
Doubling in 2 yrs? What's the logic of your assumption? ASP rises in the coming 2 yrs? Covid gets more severe and more glove needed in the next 2 yrs? Every assumption must be backed by facts & reasoning. Not HOPE.
in early 2020, trading from 1.30-1.70, no one wanna buy. in mid 2020, trading above rm10 and everyone chased. Next in August 2020, ppl chased until rm24. Then gloves kept reporting higher profit until June 2021 but market kept selling since Nov 2020, 7 months in advance before the ASP normalized. Now gloves already downtrend for 14 months and yet still got many hoping for even lower price. That s the irrational of market. If Supermax really dropped to 0.65, there would be ppl shouting for 0.3. Same if Supermax back to RM10, there would be ppl shouting for rm20. Just invest what you think is comfortable to you.
No need care how low the share price is la, as long covid cases high high can liao. Business never stop, production lines never stop, money never stop rolling in to Supermax bank account hahaha.
Supermax is the weakest among top 4 Malaysia gloves after being ban by US government since October.... Coming QR in mid February will be worse and next QR in mid May more worse
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Investor126
366 posts
Posted by Investor126 > 2022-01-24 16:09 | Report Abuse
Supermax without hesitation as usual, targeting the daily highest drop percentage.
The Board of Management soon reveal their true color. The US' expansion must be hitting the wall again.